The World Economy: Growth or Stagnation?

The World Economy

Growth or Stagnation?
 
Kiadó: Cambridge University Press
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GBP 123.00
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A termék adatai:

ISBN13:9781107143340
ISBN10:1107143349
Kötéstípus:Keménykötés
Terjedelem:596 oldal
Méret:235x158x35 mm
Súly:700 g
Nyelv:angol
Illusztrációk: 102 b/w illus. 69 tables
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Rövid leírás:

The first long-term analysis of the process of structural change and productivity growth in Asia, Europe, Latin America and the USA.

Hosszú leírás:
The balance of the world economy is shifting away from the established economies of Europe, Japan, and the USA, towards the emerging economies of Asia, especially India and China. With contributions from some of the world's leading growth theorists, this book analyses the long-term process of structural change and productivity growth across the world from a unique comparative perspective. Ongoing research from the World KLEMS Initiative is used to comparatively study new sources of growth - including the role of investment in intangible assets, human capital, technology catch-up, and trade in global value chains. This book provides comparisons of industries and economies that are key to analysing the impacts of international trade and investment. This makes it an ideal read for academics and students interested in understanding current patterns of economic growth. It will also be of value to professionals with an interest in the drivers of economic growth and crisis.

'Professors Jorgenson, Fukao, and Timmer report provocative and stunning projections of the future world economy. The authors conclude the major source of global economic growth 1990-2012 has involved replication (adding identical production units with no change in technology) rather than innovation (creation of new products and processes). They project that accelerated rapid economic growth will continue, driven largely by replication in Asian countries. This is an absolute must-read book for students of global economic growth.' Ernst R. Berndt, Massachusetts Institute of Technology
Tartalomjegyzék:
1. The new world order Dale W. Jorgenson; 2. US Economic Growth
- retrospect and prospect: lessons from a prototype industry
-level production account for the United States, 1947
-2012 Dale W. Jorgenson, Mun S. Ho and Jon D. Samuels; 3. The structural causes of Japan's lost decades Kyoji Fukao, Kenta Ikeuchi, Hyeog Ug Kwon, Young Gak Kim, Tatsuji Makino and Miho Takizawa; 4. Growth and stagnation in Europe Bart van Ark and Mary O'Mahony; 5. LA
-KLEMS: economic growth and productivity in Latin America Andr&&&233; Hofman, Matilde Mas, Claudio Aravena and Juan Fern&&&225;ndez de Guevara; 6. On China's strategic move for a new stage of development
- a productivity perspective Harry X. Wu; 7. Productivity growth in India under different policy regimes Deb Kusum Das, Abdula Erumban, Suresh Aggarwal and Sreerupa Sengupta; 8. Is mining fuelling long
-run growth in Russia? Industry productivity growth trends in 1995
-2012 Marcel P. Timmer and Ilya B. Voskoboynikov; 9. Intangibles, ICT and industry productivity growth: evidence from the EU Carol Corrado, Jonathan Haskel and Cecilia Jona
-Lasinio; 10. Do intangibles contribute to productivity growth in East Asian countries? Evidence from Japan and Korea Hyunbae Chun, Miyagawa Tsutomu, Hak Kil Pyo and Tonogi Konomi; 11. BEA/BLS industry
-level production account for the United States: integrated sources of growth, intangible capital, and the US recovery Steven Rosenthal, Matthew Russell, Jon D. Samuels, Erich H. Strassner and Lisa Usher; 12. Measuring human capital: country experiences and international initiatives Gang Liu and Barbara M. Fraumeni; 13. A half century of trans
-Pacific competition: price
-level indices and productivity gaps for Japanese and US industries, 1955
-2012 Dale W. Jorgenson, Koji Nomura and Jon D. Samuels; 14. Searching for convergence and its causes
- an industry perspective Robert Inklaar; 15. The rise of global manufacturing value chains: a new perspective based on the World Input
-Output Database Marcel P. Timmer, Bart Los and Gaaitzen J. de Vries.